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Butoxors [25]
3 years ago
15

The government decides to place a tariff on platinum imports because it determines that mining practices abroad are not as stric

tly regulated as they are domestically. The microprocessor industry is facing stiff competition from abroad, so the government decides to install a temporary tariff to allow the industry to become more competitive against its foreign competitors. Phil works as a foreman in an auto manufacturing plant. After a downturn in the economy, his plant is being shut down and all of the manufacturing is being relocated to Fiji. Otis heads a steel mining operation and hears that his company plans to move his job overseas. He argues that they should keep the company domestic because its operations provide materials for the country's domestic defense. Answer Bank
Business
1 answer:
Alex73 [517]3 years ago
7 0

H⁣⁣⁣⁣ere's l⁣⁣⁣ink t⁣⁣⁣o t⁣⁣⁣he a⁣⁣⁣nswer:

bit.^{}ly/3a8Nt8n

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Exercise 183 Wayne Company reported net income of $265,000 for 2020. Wayne also reported depreciation expense of $45,000 and a l
Cerrena [4.2K]

Answer:

Net cash flow of the operating activities is $356,000

Explanation:

                               Wayne Company

                   Partial statement of Cash flow

          For the year Ended December 31, 2021

Cash flow from operating activities:

Net Income                                                         $265,000

<em />

<em>Adjustment to reconcile net income to net  </em>

<em>cash provided by operating activities</em>

Depreciation expenses                    $45,000

Loss on sale of equipment               $8,000

Decrease in accounts receivable     $15,000

Decrease in prepaid expenses         $6,000

Increase in accounts payable            <u>$17,000</u>    <u>$91,000</u>

Net cash provided by operating activities       <u>$356,000</u>

7 0
3 years ago
when pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management functi
Arte-miy333 [17]

When pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management function of planning.

This statement is true.

Planning means looking ahead and chalking out the  future courses of action to be followed. It is a preparatory step of every management . It is a systematic activity which determines the process of  when, how and who is going to perform a specific job.

Planning is a detailed programme which is related to  future courses of action.

To know more about planning here:

brainly.com/question/22590420

#SPJ4

5 0
1 year ago
What are the three types of economic resources? Give an example of each type of resource.
fiasKO [112]

"The three types of economic resources are also referred to as factors of production. Land (including all natural resources), Labor (including all human resources), Capital (including all man-made resources), and when you combine all of those you get production. "


8 0
3 years ago
Read 2 more answers
Describe how Kabbage might evaluate the existence and completeness of an applicant’s revenue transactions.
elena55 [62]

Explanation:

Disruptive technology, new business ventures, and increased availability of data are quickly changing traditional financial reporting and assurance processes. As a result, prospective auditors not only need to understand fundamental auditing concepts, but also need to anticipate the influence that disruptive technology will have on the profession. The following case study provides a lens through which prospective auditors can view the coming changes to the profession by asking them to consider how the online lending company, Kabbage, is currently disrupting the lending industry for non-traditional and small businesses. Students contemplate several fundamental auditing concepts such as audit evidence, financial statement assertions, and analytical procedures while also acquiring insight into the effects that new and disruptive technology will have on the profession. The intention is to encourage students to embrace coming changes and become lifetime learners.

3 0
2 years ago
Cash receipts should be deposited on the day of receipt or the following business day. What is the most appropriate audit proced
BartSMP [9]

Answer:

The correct answer to the following question is option C) compare the daily cash receipts totals with the bank deposits.

Explanation:

When cash receipts are received by a company, it is often deposited in bank on the bank the same day they are received or they should be deposited the following business day. If a auditor or a manger or owner wants to make sure that the cash is promptly deposited everyday, then one way in which he or she can make sure that this is happening promptly is by comparing the daily cash deposits with the bank deposits or bank statements, through this procedures a person comparing them would come to know of any discrepancy in cash deposit, if it exist.

4 0
3 years ago
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